REGISTERED CHARITY NUMBER". 211317 SPONDON RELIEF IN NEED CHARITY TRUSTEES, REPORT AND UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2025
SPONDON RELIEF IN NEED CHARITY CONTENTS OF THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2025 Page Trustees, Report Independent Examlnerfs Report Statemenl of FSnanclal Activities Balan¢e Sheet Notes to the Financlal Statements 9 to 15 Detailed Statement of Financial Actlvltles 16 to 17
SPONDON RELIEF IN NEED CHARITY TRUSTEES. REPORT FOR THE YEAR ENDED 31 DECEMBER 2025 The Iruslees present thelr retM)rt ywlh the financial slalements of the charity for the year ended 31 December 2025. The Iruslees have adopted the provi510ns of Accounting and Reporting by Charities.. Statement of Recommended Practice applicable lo charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland IFRS 1021 leffeclive 1 January 20191. OBJECTIVES AND ACTIVITIES Oblectives and activitles for the publlc benefit The Charity's purpose is lo relieve persons resident in the Ancient Township of Spondon who are in Conditions of need, hardship or distress. This is achieved by financial assistance in the form of gfftnts. The trustees confr'rrn that they have referred lo the guidance contsined in the Charity Commission's guidance on public benefit when reviewing the Charity's aims and objectives. The boundary of the Ancient Township of Spondon, whilst mainly a suburb of Derby City, extends in part to Chaddesden, Borrowash and the Parish of Dale. Iconfirmed via an ordinance survey map al a 1926 Parish Council meelingl. ACHIEVEMENTS AND PERFORMANCE Projects and development Grants fall into a few general categories and follow a similar pattem from year to year particularly those shown within sub-heading al below. 8) There was one student grant awarded in the year for a trip to Nepal These are primarily for university students, but can include 6th form college pupils. The financial help given is towards )0k8, other equipment and travel. Publlclty of our charity and its aims Advertising is placed locally. The trustees are happy we are reaching enough people for our resources. General The Iruslees are continuing lo be involved on a personal basis wth the aims of the charity. E-mail address info@spondonreliefinneedcharily.org The clerk has received numerous phone Calls, thank you cards and letters acknowledging reiPts of grants. Examples are tabled at each meeting by the clerk. and the kind remarks contained are very much appreciated by trustees. Page 1
SPONDON RELIEF IN NEED CHARITY TRUSTEES. REPORT FOR THE YEAR ENDED 31 DECEMBER 2025 ACHIEVEMENTS AND PERFORMANCE Grants These are normally awarded to indiwduals only. Payments may be made lo organisations providing they Can demonstrate that the grants wll benefit those of their organisation who meet the criteria of this Charity_ No grants are given for the relief of rates and laxe5, or any other expense which would nomially be covered by the Slate, nor is any relief given for individuals indebtedness. Repeal grants are only considered al trustees, discretion. and only then rf funds remain available after all other successful applications have been serviced. A comprehensive list of grants awarded is shown below. School trips121 GuideslScouts111 Furniturelbedding111 While goods1121 Others181 Carpets111 Community17) Education111 Food bank123) There were grants over £1,000 in 2025 Scouts Spondon Cricket Club Funeral Ipads for education £8,196 £3,634 £1.025 £8,000 FINANCIAL REVIEW Investment policy The trustees, investment powers are limited, by the Charity Commission Scheme. to investments held in the name of the Official Custodian for Charities. Reserves policy It is the policy of the trustees lo maintain unrestricted funds, which are the free reseTves of the ¢harity lo a level, which will equate lo at least six months unrestricted expenditure This is designed lo provide sufficient funds to cover 2dministration costs lo enable a response to applications for grants that might arise. Historically the demand for eligible grants has been al a level such that reserves currently maintained are al a figure well in excess of this 1¢y. Page 2
SPONDON RELIEF IN NEED CHARITY TRUSTEES, REPORT FOR THE YEAR ENDED 31 DECEMBER 2025 STRUCTURE, GOVERNANCE AND MANAGEMENT Governing docurnent The Charity Commission Scheme was drawn up in November 1973 to combine the following awient charities.. William Gilbert 1662 John Locko 1663 Elizabeth Cowper 1728 Griffith Dakin 1773 Rev'd Francis Gisborne 1817 (part only) Samuel Alcock 1929 Organlsatlon al Trustees meet in February, May, September and November each year. At the February meeting a budget for the year is discussed. Allocations were made to cater for grants required for major projects such as domestic equipment." Christmas goodwill., School uniforms,. and Higher education. Any shortfall in funds to be made up from our Unrestricted Funds Ilncome Shares}. bl requests musl be made on an official application fom If the sponsor is not a trustee a supporting leller is required from a recognised sponsor. Official applications forms are available from the clerk. cl Acknowledgements and reiptS are sought lo ensure that grants are used for the purposes for which they are awarded. Page 3
SPONDON RELIEF IN NEED CHARITY TRUSTEES. REPORT FOR THE YEAR ENDED 31 DECEAIBER 2025 REFERENCE AND ADMINISTRATIVE DETAILS Trustees Ex-officio Canon J Hollwell (Vicar of St Werburgh's Church Spondonl Nominative Mrs S Bown (Dale Abbey PCI Mrs J Morley (City of Derby) - appointed 616124 Mr P Berry (City of Derby) - resigned 1112125 Nominative trustees are appointed by the bc(lies shown above in brackets, and serve for a period of 4 years. Co-oplive Miss L Mellor Mrs P Jennings Mr D Jennings Mr A Martin Mr M Stevens - resigned 1112125 Mrs C Lealherbarrow Mrs J Taylor Mr D Winslow- appointed 15105125 Mrs R Bartlett- appointed 11102125 C(optatIve trustees are appointed by sitting trustees, and are selected according to their knowledge of the area of benefit, the IalIty and its inhabitants. They serve for a period of 5 years. Clerk Mrs C Holden (Secretary and treasurer) The clerk has a full job description of her duties as approved by the trustees. The term of the appointment is at the discretion of the trustees. Business address 13 Chapel Street Spondon Derby DE217JP info@spondonreliefinn&dcharity.org Office 13 Chapel Street Spondon Derby DE217JP Tel. 01332 544689 Bankers National Westminster Bank PLC 836 Osmaston Road Allenlon Derby DE24 9zr Page 4
SPONDON RELIEF IN NEED CHARITY TRUSTEES. REPORT FOR THE YEAR ENDED 31 DECEMBER 2025 DE24 9ZT Solicitors Elliott Maher LLP Solicitors 44 Friar Gale Derby DE1 IDA Independent Examiner G S Gilbert FCA 16 Jubilee Parkway Jubilee Business Park Derby DE214BJ FINANCIAL POSITION A Summary of the financial position for the year is shown below. Income Investments, rents, bank interest and miscellaneous 44,188 Expensos Maintenance and administratio 14,349 Grant rglief 35,786 50.135 Net outgoing resources 5,947 Approved by order of the board of Iruslees on 13 May 2026 and signed on ils behalf by.. D Jennings - Trustee" Page 5
INDEPENDENT EXAMINER'S REPORT TO THE TRUSTEES OF SPONDON RELIEF IN NEED CHARITY Independent examinevs report to the trustees of Spondon Relief in Need Charlty I report lo the charity Iruslees on my examination of the accounts of Spondon Relief in Need Charity {the Trust) for the year ended 31 December 2025. Responslbllities and basis of report As the charity Iruslees of the Trust you are responsible for the preparation of the accounts in accordance wth the requirements of the Charities Act 2011 {'the Act'l. I report in respect of my examination of the Trust's accounts carried out under Section 145 of the Act and in carrying out my examination I have followed all applicable Directions given by the Charity Commission under Seelion 145{51{bl of the Act. Independent examinerfs statement I have completed my examination. I confirm that no material matters have come to my attents'on in connection wth the examination giving me cause lo believe that in any material respect.. accounting records were not kept in respect of the Trust as required by Section 130 of the Act-, or the accounts do not accord with those records., or the accounts do not comply with the applicable requirements concerning the form and content of accounts set out in the Charities IAccounls and Reports) Regulations 2008 other than any requirement that the 8ccounts give a true and fair view which is not a matter considered as part of an independent examination. I have no concerns and have come across no other matters in connection with the examination lo which allenlion should be drawn in this report in order to enable a proper understanding of the accounts to be reached. G S Gilbert FCA CAMERON HUGHES LTD Chartered Accountants Derby 13 May 2026 Page 6
SPONDON RELIEF IN NEED CHARITY STATEMENT OF FINANCIAL ACTIVITIES FOR THE YEAR ENDED 31 DECEMBER 2025 2025 Total funds 2024 Total ftjnds Unrestricted Endowment fund fund Notes INCOME AND ENDOWMENTS FROM Investment income 44,188 44,188 40,721 EXPENDITURE ON Raising funds 6,191 6,191 7,633 Charitable actlvhles Relief given 35,786 35,786 24,522 Other 8,158 8,158 6,220 Total 50,135 50,135 38,375 Net gains on investments 10,333 127.178 137.511 15,925 NET INCOME 4.386 127,178 131,564 18.271 RECONCILIATION OF FUNDS Total funds brought forward 386,862 818,546 1,205,408 1.187,137 TOTAL FUNDS CARRIED FORWARD 391,248 945,724 1,336,972 1.205,408 The rteS form part of these financial statements Page 7
SPONDON RELIEF IN NEED CHARITY BALANCE SHEET 31 DECEMBER 2025 2025 2024 Notes FIXED ASSETS Investments 1,253,053 1,115,542 CURRENT ASSETS Cash at bank and in hand 86,259 92,086 CREDITORS Amounts falling due wthin one year 12,3401 {2,2201 NET CURRENT ASSETS 83,919 89,866 TOTAL ASSETS LESS CURRENT LIABILITIES 1,336,972 1,205.408 NET ASSETS 1.336,972 1,205,408 FUNDS Unrestricted fund5 Endowment funds 11 391,248 945,724 386,862 818,S46 TOTAL FUNDS 1,336,972 1,205,408 The financial statements were approved by the Board of Trustees and aLrthorised for issue on 13 May 2026 and were signed on ils behalf by.. D Jennings- Trust The notes form part of these financial statements Page 8
SPONDON RELIEF IN NEED CHARITY NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2025 ACCOUNTING POLICIES Basls of preparing the financial statements The financial statements of the charity, which is a public benefit entity under FRS 102, have been prepared in accordance with the Charities SORP IFRS 102} 'Accounling and Reportiry by Charities.. Statement of Recommended Practice applicable to charities preparing their accounts in accordance wth the Financial Reporting Standard applicable in the UK and Republic of Ireland IFRS 102) (effective 1 January 20191,, Financial Reporting Standard 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland, and the Charities Act 2011. The financial statements have been prepa under the historical cost convention, with the exception of investments which are included at market value, as modified by the revaluation of rtain assets. Income All income is recognised in the Statement of Financial Activities once the charity has entillemenl to the funds, il is probable that the income will be reIVed and the amount can be measured reliaty. Expendlture Liabilities are recognised as expenditure as soon as there is a legal or constructive obligation committing the charity to that expenditure. it is probable that a transfer of economic benefits will be required in settlement and the amount of the obligation can be measured reliably. Expenditure is accounted for on an a¢ciua15 basis and has been classified under headings that aggregate all cost related to the category. Where cos15 Gannol be directly attribLJled to particular headings they have been allocated lo activities on a basis Consistent with the use of resources. Taxation The charity is exempt from lax on ils charitable activities. Fund accountlng Unreslricled funds can be used in accordance with the charitable objectives at the discretion of the trustees. Restricted funds can only be used for particular restricted PUTposes within the objects of the charity. Restricbons arise when specified by the donor or when funds are raised for particular restricted purposes. Further explanation of the nature and purpose of each fund is included in the notes lo the financial statements. INVESTMENT INCOME 2025 2024 Rents received Income from investments Deposit account interest 22,983 20,115 1,090 20,376 18,984 1,361 44,188 40.721 Page 9 continued...
SPONDON RELIEF IN NEED CHARITY NOTES TO THE FINANCIAL STATEMENTS - continued FOR THE YEAR ENDED 31 DECEMBER 2025 RAISING FUNDS Investment management costs 2025 2024 Portfolio management Propety repairs Insurance 2,573 2,457 1.161 2,136 4.137 1,360 6,191 7,633 TRUSTEES, REMUNERATION AND BENEFITS There were no trustees, remur¢eration or other benefits for the year ended 31 December 2025 nor for the year ended 310ecember 2024. Trustees. expenses There were no trustees, expenses paid for the year ended 31 Dember 2025 nor for the year ended 31 December 2024. STAFF COSTS The average monthly number of employees during the year was as follows.. 2025 2024 Secretary & treasurer No empk)yees received emoluments in excess of £60,OCQ. COMPARATIVES FOR THE STATEMENT OF FINANCIAL ACTIVITIES Unrestricted Endowment fund fund Total funds INCOME AND ENDOWMENTS FROM Investment income 40,721 40,721 EXPENOITURE ON Raising funds 7,633 7,633 Charitable activities Relief given 24,522 24,522 Other 6,220 6,220 Total 38,375 38,375 Page 10 conts'nued...
SPONDON RELIEF IN NEED CHARITY NOTES TO THE FINANCIAL STATEMENTS - continued FOR THE YEAR ENDED 31 DECEMBER 2025 COMPARATIVES FOR THE STATEMENT OF FINANCIAL ACTIVITIES - continued Unrestricted EndowTnent fund fund Total funds NET INCOME 4,119 14.152 18,271 RECONCILIATION OF FUNDS Total funds brought fotward 382,743 804,394 1,187,137 TOTAL FUNDS CARRIED FORWARD 386,862 818.546 1,205,408 PROPERTY REPAIRS 2025 2024 Moor End Allotments Hobson Drive 1,973 3,714 576 2,549 FIXED ASSET INVESTMENTS 2025 2024 Shares Land and buildings 673,053 580,000 701,800 413,742 1,253,053 1.115,542 Page 11 continued...
SPONDON RELIEF IN NEED CHARITY NOTES TO THE FINANCIAL STATEMENTS - contlnued FOR THE YEAR ENDED 31 DECEMBER 2025 FIXED ASSET INVESTMENTS - contlnued Additional information as follows- Listed investments MARKET VALUE Al 1 January 2025 Revaluations 701,800 128,7471 At 31 December 2025 673,053 NET BOOK VALUE Al 31 December 2025 673,053 At 31 December 2024 701,800 There were no investment assets outside the UK Cost or valuation at 31 December 2025 is represented by.. Listed investments Valuation in 2025 673,053 Investments Ineither listed nor unlist8Y} were a5 follows". 2025 2024 Land and buildings 580,000 413.742 The land and buildings were valued al the Open Market Value by Messrs Eaton & Hollis in November 2005. In 2021 the charity purchased a residential property for £216,742. In 2023 the land and buildings were revalued at an Open Market Value by BB&J increasing the lolal value of £166,258, bringing the total value of £580,000. Page 12 continued..
SPONDON RELIEF IN NEED CHARITY NOTES TO THE FINANCIAL STATEMENTS - continued FOR THE YEAR ENDED 31 DECEMBER 2025 CREDITORS- AMOUNTS FALLING DUE WITHIN ONE YEAR 2025 2024 Trade creditors 2,340 2.220 10. ANALYSIS OF NET ASSETS BETWEEN FUNDS 2025 Total funds 2024 Total funds Unrestricted Endowment fund fund Investments Current assets Current liabilities 307.329 86,259 12,3401 945,724 1,253,053 86,259 12,3401 1,115,542 92,086 12.2201 391,248 945,724 1,336,972 1.205,408 11. MOVEMENT IN FUNDS Net movement in funds At 31.12.25 At 1.1.25 Unrestrided funds General fund 386,862 4,386 391,248 Endowment funds Endowment 818,546 127,178 945,724 TOTAL FUNDS 1.205,408 131,564 1,336,972 Net movement in funds, included in the above are as follows.. Incoming resources Resources expended Gains and losses Movement in funds Unrestrfcted funds General lund 44,188 {50,1351 10,333 4,386 Endowment funds Endowment 127,178 127,178 TOTAL FUNDS 44,188 150,1351 137,511 131,564 Page13 continued...
SPONDON RELIEF IN NEED CHARITY NOTES TO THE FINANCIAL STATEMENTS - continued FOR THE YEAR ENDED 31 DECEMBER 2025 MOVEMENT IN FUNDS - continued Comparatlves for movoment in funds Net movement in funds Al 31.12.24 At1.1.24 Unrestricted funds General fund 382,743 4,119 386,862 Endowment funds Endowment 804,394 14,152 818,546 TOTAL FUNDS 1,187,137 18,271 1,205,408 Comparative net movement in fvnds, included in the above are as follows.. Resources expended Incoming resources Gains and losses Movement in funds Unrestricted funds General fund 40,721 138,375} 1,773 4.119 Endowmentfunds Endowment 14,152 14,152 TOTAL FUNDS 40,721 {38,3751 15.925 18,271 A cuffenl year 12 months and prK>r year 12 months combined p0511ion is as follows.. Nel movement in funds Al 31.12.25 At1.1.24 Unrestricted funds General fund 382.743 8,505 391,248 Endowment tunds Endowment 804,394 141,330 945,724 TOTAL FUNDS 1,187,137 149,835 1,336,972 Page 14 ¢ontinL*d...
SPONDON RELIEF IN NEED CHARITY NOTES TO THE FINANCIAL STATEMENTS - continued FOR THE YEAR ENDED 31 DECEMBER 2025 11. MOVEMENT IN FUNDS- continued A current year 12 months and prior year 12 months combined nel movement in funds, included in the above are as follows.. Incoming resources Resources expended Gains and losses Movement in funds Unrestricted funds General fund 84,909 188,5101 12,106 8,505 Endowmentfunds Endowment 141,330 141,330 TOTAL FUNDS 84,909 188.510} 153,436 149,835 12. CONTINGENT LIA81LITIES Certain restraints operate if any sales of the remaining land at 'BOrrle1d, Nottingham Road, lake place In the future. 13. RELATED PARTY DISCLOSURES There were no related party transaclions for the year ended 31 December 2025. Page 15
SPONDON RELIEF IN NEED CHARITY DETAILED STATEMENT OF FINANCIAL ACTIVITIES FOR THE YEAR ENDED 31 DECEMBER 2025 2025 2024 INCOME AND ENDOWMENTS Investment income Rents received Income from inveslmenls Deposit account interest 22,983 20,115 1,090 20,376 18,984 1,361 44,188 40,721 Total Incoming resources 44,188 40.721 EXPENDITURE Investment management costs Portfolio management Property repairs Insurance 2,573 2,457 1,161 2,136 4,137 1,360 6,191 7.633 Charitable aetivities Rdief given 35,786 24,522 Support costs Information thnologY Telephone and FX)Stage IT costs 196 369 190 396 565 other Sundries 759 264 Govemanee costs Accountancy and legal fees Secrelarls salary and fees Independent examiner's fee 1,170 4,494 1,170 1,110 3,150 1,110 6,834 5,370 Total resources expended 50,135 38,375 Net {expendlture}lincomg bgforg gains and losses 15,9471 2,346 This page does not form part of the statutory ftnancial statements Page 16
SPONDON RELIEF IN NEED CHARITY DETAILED STATEMENT OF FINANCIAL ACTIVITIES FOR THE YEAR ENDED 31 DECEMBER 2025 2025 2024 Realised recognised gains and losses Unrealised gainslk)sses fixed asset investments Realised gainslllossesl on investment property {28.7471 15,925 166.258 Net income 131,564 18,271 This page does not form part of the statutory financial statements Page 17